Global oil prices dipped slightly on Monday as economic reports revealed Chinese retail sales dropped 11% year-on-year in the month of April following the nation’s decision...
The Organisation of Petroleum Exporting Countries (OPEC) and allies, together known as OPEC plus, have raised Nigeria’s crude oil quota by 1% or 19,000 barrels per...
Crude oil prices rose in the early hours of Wednesday on reports European Union is working on new sanctions against Russia oil
Global oil prices rebounded slightly on Wednesday following Russia’s announcement that natural gas exports to Bulgaria and Poland will be halted today if the two nations...
The international benchmark for crude oil, Brent crude declined from about $109 a barrel it closed on Friday to $101.31 on Monday during the London trading...
On Monday, the Organization of Petroleum Exporting Countries (OPEC) informed the European Union that Russia crude oil sanctions will erase about 7 million barrels per day...
Oil prices rose on Friday but remained on course for a second weekly fall after countries announced plans to release crude from their strategic stocks. Brent...
In the early hours of Tuesday, the European Union announced it was considering imposing additional sanctions on Russia following a series of reports on acts Russian...
Oil prices fell on Monday after reports that the United Arab Emirates and the Iran-aligned Houthi Group have agreed to stop military operations on the Saudi-Yemeni...
COVID-19 lockdown in China dragged on crude oil outlook